Live updates: First Fed rate cut since Covid | CNN Business
网页3 天之前 · Mortgage rates were already falling ahead of the Federal Reserve’s expected interest rate cut. The average 30-year fixed mortgage rate fell to 6.20% last week , the lowest level since February 2023.
The Federal Reserve cuts interest rates for first time since 2020
网页2 天之前 · Inflation is slowing — but so is the job market. The rate cut on Wednesday comes as the annual inflation rate has fallen sharply, to 2.5% last month, from a peak of 9.1% in June 2022.
Fed slashes interest rates by a half point, an aggressive start to its ...
网页2 天之前 · Federal Reserve cuts rates by 50 basis points. WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a ...
Fed cuts interest rates by 50 basis points - USA TODAY
网页3 天之前 · After today’s meeting, the Federal Reserve has two more opportunities to consider interest rate moves in 2024. The remaining Fed meetings planned for 2024 are scheduled for Nov. 6-7 and Dec. 17 ...
Fed Cuts Interest Rates for First Time in Four Years - The New …
网页3 天之前 · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
网页3 天之前 · The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023. The central bank also said it ...
Biden says Fed made 'declaration of progress' with interest rate …
网页1 天前 · WASHINGTON (AP) — President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure in the past and sure to “fail again” if revived. “Lowering interest rates isn’t a declaration of victory,” Biden told the Economic …
WATCH: Federal Reserve Chair Powell speaks after Fed announces interest …
网页3 天之前 · WATC H: Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’. In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has ...
Federal Reserve Meeting Fed Raises Rates Again
网页2023年7月26日 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
Federal Reserve News What Happened Today at the Fed Meeting
网页2023年5月3日 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation ...